Saturday, February 22, 2020

Macau

Wynn’s profits down

  Wynn Macau Ltd. profit fell 18 percent in the fourth quarter loosing grown to the competition already operating in Cotai, Bloomberg reported following the...

Macau licensed record 235 junkets

  Official data shows that the number of VIP gaming promoters operating legally in Macau is the highest ever. There are 235 licensed companies and...

Wynn chooses Leighton for Cotai

  A subsidiary of Australian-based Leighton Holdings, Leighton Asia, has been chosen by Wynn Macau (1128:HK) to design and build its maiden property in Cotai....

Sands China’s new Macau casino resort helps profits jump 52pct

  Sands China Ltd (1928:HK) posted a 52 percent jump in fourth-quarter profit, due mainly to strong performance of its Cotai project, Sands Cotai Central....

SCL yet to request allocation of new tables

  Sands China has not yet indicated where its 200 new tables will be allocated.  The head of the Gaming Inspection and Coordination Bureau, Manuel...

Las Vegas Sands ceases international money transfers for high rollers

  Las Vegas Sands Corp (LVS) is revamping its compliance procedures as it faces scrutiny from US regulators over anti-money laundering and bribery.  LVS announced...

SJM Holdings voted Asia’s best-managed gaming firm

  SJM Holdings (880:HK) was recently named by Euromoney magazine as the “Best Managed Company in Asia – Gaming” in the publication’s “Best Managed and...

Leven thinks Macau gaming revenue could reach USD $100 billion per year

  In an interview with CNBC, the president and chief operating officer of Las Vegas Sands Corp, Michael Leven, said that he is bullish on...

Sands China announces interim dividend

  Hong Kong-listed Sands China Ltd declared on Friday an interim dividend of HK$0.67 (USD$ 8.6) per share, payable on or about February 28. In...

Okada requests injunction to stop Wynn from ousting him

  Japanese businessman Kazuo Okada, formerly Wynn’s largest shareholder, has asked a U.S. federal judge for an injunction to stop a special Wynn Resorts Ltd...

TRENDING ARTICLES

Macau government orders two-week closure of all casinos

Chief Executive Ho Iat Seng has announced that all 41 of the territory’s casinos must be shut for a period of at least two...

MGM only accepted bidder for Osaka IR

The Osaka Prefectural Government released a press statement on Friday regarding the screening of candidates for the Osaka Yumeshima IR. Only one candidate made...

SunCity grants employees special leave during casino closure

Macau junket operator SunCity Group is granting its employees special paid leave during the 15-day closure of casinos in Macau, local media reports. SunCity CEO...

Coronavirus live updates: Almost a third of Macau casinos to remain closed

The latest news and updates on the COVID-19 (coronavirus) - with regularly updated information relating to new cases, travel restrictions and other information to...

Seven Macau hotels have suspended operations

A total of seven hotels in Macau are known to have suspended operations as a result of sharply lower visitation and countermeasures against the...